00:01There's long been interest in this 22,000 hectare property near Gladstone in Tasmania's
00:08North East.
00:09The first thing that comes to mind, it's iconic.
00:12The sprawling farm has historically run sheep, beef and dairy cattle.
00:17The ABC understands the potential new owners, UK forestry giant Gresham House, has plans
00:24for large scale tree planting.
00:26What haven't we learned from the managed investment schemes of the 70s and 80s and part of the
00:3290s?
00:33Complete market failure because money went in to properties to grow trees.
00:38This has locals worried.
00:40Not against forestry, but changing large scale of agricultural land into forestry.
00:47There's no checks to keep it under control or to see if any value has been lost to the
00:55country in food security.
00:57The ABC has contacted Gresham House but has not received a response.
01:02A farm's potential to earn money from carbon credits is becoming a bigger selling point.
01:08But as buyers do in the market, they like to explore multiple income streams.
01:14And if a sustainability or carbon element to that is available, they're going to explore
01:20it.
01:20Across Tasmania, more and more rural properties are attracting interest from interstate and
01:26overseas investors.
01:27Keen to cash in on carbon markets and renewables.
01:31Rushy Lagoon has been earmarked as a major site for a 210 turbine wind farm.
01:38It's already been declared a project of state significance.
01:41Statively-'opathes Colomous Polomous Polomous Polomous Polomous Polomous Polomous Mon Ji-N-Zurk
01:42Maia Link Mata-Sped-Chain Dureăng
01:42Fourth..
01:43Unilber!?
01:43One and two years ago.
01:43He created a portrait
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